Every dollar invested in their programming is predicted to yield a return of $3.50 to $4.00.
"We've done some research and every year for every dollar invested, our our programming and our efforts show at minimum a $3.50 return. Let's go. So this would be multiplied by three or four times."
The renovated building will be 51% owned by local community residents through an upcoming crowdfunding launch.
"it's going to be 51% owned by local residents... we're going to do a crowdfunding launch in which uh over time we're actually going to have community residents own 51% of the commercial real estate."